Mediagazer: CBS 4Q Profits Soar Despite Revenue Dip (Lucas Shaw/The Wrap)

5:45 PM ET, February 15, 2012

Top News:

Lisa O'Carroll / Guardian:

Met probes claims that Sun paid some public officials more than £10k a year — Source familiar with News Corp internal inquiry says it has found ‘serious suspected criminality over a sustained period’ — The Scotland Yard investigation into alleged illegal payments by Sun journalists …

Discussion: ProPublica

Joe Pompeo / Capital New York:

U.S. litigation against Rupert Murdoch's News Corp. may not be imminent; but it's still all bad news for him — News Corp. chief Rupert Murdoch is all lawyered up and bound for London tomorrow on a crisis management mission. — And with the trip, a fresh wave of speculation has gripped …

Discussion: CJR, Globe and Mail, The Lede, Save the News, Financial Times and Forbes

Robert Hutton / Bloomberg:

News Corp. Hacking Report Delayed by Debate — U.K. lawmakers probing whether News Corp. covered up phone hacking at the News of the World tabloid are at least two months behind schedule with their report, as they debate how critical they can be of Deputy Chief Operating Officer James Murdoch.

Discussion: Guardian

Lisa O'Carroll / Guardian:
Sun journalists must fight for their rights - Geoffrey Robertson

Discussion: Broadcasting & Cable and The Huffington Post

Katherine Rushton / Telegraph: James Murdoch name tied to News Corp scandal

BBC: Glenn Mulcaire granted evidence appeal

Victor Fiorillo / The Philly Post:

Mass Layoffs Imminent at Inquirer, Daily News? — This afternoon at 4 p.m., members of the Newspaper Guild labor union will meet with Philadelphia Media Network, the company that owns the Inquirer, Daily News, and philly.com, at least until Ed Rendell takes over.

Discussion: Poynter

Erik Wemple:

Inquirer's top editor speaks — Those who value a strong and independent media in and around Philadelphia have been walking around in a funk in recent weeks. That's because the journalism of the Philadelphia Inquirer and the Philadelphia Daily News appears to be under siege. — The culprit?

Julie Moos / Poynter:

Sale of Philly papers will test whether local owners can stay out of the newsroom — Five and a half years ago, when Brian Tierney fronted a local group that bought the Philadelphia papers from McClatchy (which bought them temporarily from Knight Ridder), media watchers worried …

Discussion: Philly.com

Will Rahn / The Daily Caller:

Media Matters tax-exempt status may face new scrutiny from Congress — Congressional Republicans are now interested in examining the Media Matters For America's tax-exempt status, The Daily Caller has learned. Doing so would cause the GOP to wade into the complex world of tax laws that govern …

Discussion: Mediaite and Capital New York

Erik Wemple:
Fox News and the art of media-timing

Discussion: TVNewser, Mediaite, Poynter, The Daily Caller, Gawker and Big Journalism

Matthew Fleischer / FishbowlLA:
James Rainey, Brian Stelter Get the Bill O'Reilly Treatment

Discussion: The Daily Caller and FishbowlDC

Jack Shafer:
Media Madders

Discussion: Capital New York, The Daily Caller, topics.dailycaller.com, Big Journalism, TVNewser and The Daily Caller

Craig Silverman / Poynter:

Fact from fiction: PolitiFact draws ire for checking ‘Glee’ — Has the Great Fact Checking Explosion reached a new level of strangeness so soon into the election year? — Or to put it the way some did Tuesday: Has PolitFact jumped the shark? — These questions are cropping up thanks …

Discussion: American Journalism Review, Saint Petersblog, PolitiFact, Riptide 2.0 and Mediaite

Dylan Byers / Politico:

PolitiFact responds to Rachel Maddow — Rachel Maddow made yet another stinging attack on PolitiFact last night, calling the Tampa Bay Times' fact-checking project “a disaster” (see video). — Via email, PolitiFact editor and Tampa Bay Times Washington bureau chief Bill Adair responds to the criticism:

Discussion: @jayrosen_nyu, The Huffington Post, @politifact and Mediaite

David Sarno / Los Angeles Times:

Twitter stores full iPhone contact list for 18 months, after scan — Twitter Inc. has acknowledged that after mobile users tap the “Find friends” feature on its smartphone app, the company downloads users' entire address book, including names, email addresses and phone numbers, and keeps the data on its servers for 18 months.

Amy Chozick / Media Decoder:

Comcast's Net Income Increases, Lifted by Internet Subscriptions — A slowing decline in the number of customers cancelling their cable service coupled with a boost in high-speed Internet subscriptions contributed to a 26.4 percent increase in net income at Comcast, the nation's largest cable provider.

Discussion: MediaPost, AdAge, paidContent, Wall Street Journal, Financial Times, Businessweek, AllThingsD, ZDNet and Multichannel

Meg James / Company Town:
Comcast fourth-quarter profit jumps 26%; NBC and film lag

Discussion: Broadcasting & Cable, rbr.com and Home Media Magazine

Lucas Shaw / The Wrap:

CBS 4Q Profits Soar Despite Revenue Dip — Profits at CBS surged 17 percent to $384 million in the fourth quarter of 2011, capping off a year in which its net income nearly doubled, according to its earnings report on Wednesday. — The strong earnings report, which included a new corporate record …

Discussion: Broadcasting & Cable, The Wrap, Dow Jones Newswires, Associated Press, PR Newswire, Stocks To Watch Today, Fox Business and @edgecliffe

Joe Flint / Company Town:

CNN officially severs ties with Larry King — CNN and Larry King are going their separate ways. — Though King gave up his daily prime-time talk show on CNN in December 2010, he still had a deal for several specials. The last of those — “A Larry King Special: Dinner With the Kings” — aired in December.

Alex Weprin / TVNewser:

Is Politico Looking to Revive Politico TV? — Way back in 2008, the political newspaper and website Politico announced that it was getting into the TV news business with Politico TV. — As our sister blog FishbowlDC noted at the time, the idea was to re-brand an existing program on WJLA …

Discussion: FishbowlDC

Tom Warren / The Verge:

Puzzazz brings ebook handwriting recognition to the Kindle Touch — Redmond-based startup Puzzazz is bringing handwriting recognition to Amazon's Kindle Touch device. The company's TouchWrite technology recognizes handwriting and converts it into numbers and letters on the Kindle.

Foster Kamer / The New York Observer:

Update: The Word ‘Tweet’ is Still Not in the New York Times Style Guide — In June, 2010, New York Times associate standards editor Phillip B. Corbett issued a proclamation within the newsroom effectively putting the kibosh on the word “Tweet” without technically banning it …

Discussion: @hannahmiet, Mediaite and @palafo